Property Detail

Description

Exceptional owner-user or investment opportunity in one of Oxnard's most prominent retail corridors. This freestanding 10,506-square-foot commercial building is situated on approximately 1.03 acres, offering outstanding visibility from the 101 Freeway with approximately 140,000 vehicles per day (AADT) and convenient access throughout the Ventura County market.Strategically positioned adjacent to Costco and surrounded by a strong concentration of national and regional retailers, the property benefits from significant consumer traffic and a highly established commercial setting. Its prime location provides easy access to many of the area's most prominent shopping, dining, and automotive destinations, including the Premier Outlet Mall, Oxnard Auto Mall, Oxnard Marketplace, Esplanade Shopping Center, The Collection at RiverPark, In-N-Out Burger, Starbucks, and numerous additional national and regional retailers, restaurants, and service establishments.The single-story building offers a highly flexible layout with potential to accommodate a broad range of commercial and owner-user concepts. Potential uses may include furniture and home furnishings retail, medical or professional offices, quick-service restaurants (QSR), full-service restaurants, churches and other religious or assembly uses, banks and financial institutions, oil and energy-related service businesses, automotive sales or service concepts, grocery and specialty food stores, showrooms, general retail, and other commercial service uses, subject to applicable zoning, permitting, and governmental approvals. The combination of freeway exposure, strong surrounding retail traffic, ample parking, and a freestanding building configuration makes the property particularly attractive to businesses seeking both visibility and accessibility.The property is equipped with 480 amps of electrical power, providing substantial capacity for a wide range of commercial operations. Approximately 50 surface parking spaces provide a parking ratio of approximately 4.76 spaces per 1,000 square feet, while approximately 235 feet of frontage along Paseo Mercado provides excellent street presence, visibility, and accessibility.With C2 commercial zoning, substantial electrical capacity, prominent signage opportunities, exceptional freeway exposure, and a highly recognizable location within an established retail trade area, 2801 Paseo Mercado presents a compelling opportunity for an owner-user seeking a high-profile flagship location or an investor looking to reposition the asset and capitalize on its long-term potential. Owner is also open to a long-term lease at $2.85/SF/Month NNN.